It feels like the price of a cup of coffee is rising dramatically. Is this true. And what have you found in your reporting on this.>> Yes, absolutely. So, it's up 12.7% since last June with the price of ground coffee at $8.13% in June and that's up about a dollar since January. Basically what I can tell you is that in 2023 and 2024 there were adverse weather conditions in major coffee producing countries and that helped contribute to rising prices as well as the cost of shipping.And how are tariffs related ...

Donald Trump raised total tariffs on Brazilian exports to 50%, delivering on his promise to retaliate against Latin America’s largest economy for what he’s described as attacks on free speech and a “witch hunt” against former President Jair Bolsonaro. https://t.co/IfU0N6YPPe ...

Federal Reserve (The Fed) & Interest Rates - The biggest public misunderstanding about the Fed is the idea that lower interest rates are a reward for good economic behavior, rather than a tool to manage the economy [1][2][3] - The economy is confusing, with mixed signals from unemployment and inflation indicators, making a strong case for a rate move difficult [4][5] - There's no clear case for the Fed to move rates, and anyone confident about the correct move isn't paying attention [5] - The Fed's "transitory" inflation call was conceptually correct but numerically off, and criticisms of the Fed being behind the curve were wrong [7][8][9] - Politicizing the Fed is a clear intention, with potential for "Turkey-style" economic policy if political constraints were absent [13] Trade & Tariffs - The long-term effect of Trump's tariffs is estimated to reduce GDP by 04%, which is significant but not catastrophic [18][19] - Markets may be correctly concluding that the trade situation will settle down into a world of high tariffs, leading to a slightly poorer economy but not a depression [20][21] AI & Technology - AI, or rather large language models, are not truly "thinking" but statistically predicting responses based on existing knowledge [24][25] - Significant job displacement due to AI is possible, as many jobs don't require deep thinking [25] - It's possible to believe that some AI stock prices are in a bubble while also acknowledging that AI is a seriously important new technology [23]

Hershey beating on the top and bottom lines despite raising estimates estimated sorry fullear costs of tariffs to between 170 and 180 from between 15 and 20 million. A bittersweet earnings call for CEO Michelle Buck planning to step down very soon August 18th joining us exclusively on CNBC for a final broadcast interview as Hershey CEO. Michelle Buck, welcome.It's good to have you. It's it's been good to have you throughout, you know, your tenure as as CEO, Michelle, but just on on this current quarter, I'm ...

Steven Madden said tariffs are making it too hard to gauge how its business will perform, so it’s not providing an outlook for the rest of the year https://t.co/86vglS3kCn ...

Bunge’s second-quarter profits fell to the lowest in seven years as lingering uncertainty over tariffs and US biofuel policy continued to pressure crop traders and processors https://t.co/Ujg4NRkvN7 ...

Sales Performance - Toyota Motor achieved record global sales in the first half of 2025 [1] Market Dynamics - Strong demand for hybrid vehicles in core markets contributed to the sales record [1] - Tariffs imposed by Trump on cars imported to the US created headwinds for Toyota [1]

Time now for money, power, politics. And tonight, we start with this headline from the New York Times. Quote, "Trump is winning his trade war. What will it mean for the actual economy?" We've seen him use his leverage to announce new trade deals around the world that include big tariff rates, levels that would have seemed unimaginable 6 months ago.Let's be clear, Trump is remaking the world economy around tariffs, something he has been talking about for more than a decade. He's defying expectations. And rig ...

What would the economic consequence be if they wait that long. Well, look, I want to see interest rates come down, because when interest rates stay high, families pay more on their credit cards, they pay more on their car loans, mortgage rates stay higher. And that's a problem that there is exactly one person who is responsible for keeping those interest rates high, and that's Donald Trump.Jerome Powell said last month that he would have urged the Fed to lower interest rates last February, but for the chaos ...

Stellantis expects a €1.2 billion hit from tariffs in second half of this year as it restores guidance following the EU-US trade deal https://t.co/jUgiuUv4By ...